The move away from exploration and
new drilling activity has seen a consolidation in the service company sector as businesses seek to merge or acquire competitors with advanced technologies or unique service offerings, as demonstrated in both the Halliburton takeover of Baker Hughes and Schlumberger's approach for Cameron.
As Mike Pearson, co-chairman of Jackson Walker LLP's energy practice group, said, «since the end of 2014, with the collapse in commodity prices, we have seen
new drilling activity dry up almost completely.
Not exact matches
Neometals provided an update this week on its
activities at the project, outlining the
new exploratory results at Virginia Hills and intersections returned from close - spaced grade control
drilling at the main Barrambie deposit.
«Any action to lift the moratorium is premature and at a minimum,
New York should wait until the EPA completes its own study on hydraulic fracturing before even considering whether the state should permit this type of
drilling activity.»
Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and
drilling activity, as well as to ease the burden upon the
new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Amazon.
New York Assemblyman Steve Englebright (D - Setauket) has also introduced a preliminary measure, NY A9819 (17R), to bar any offshore
drilling or related
activity in state waters.
In his appearance on a sun - dappled beach at the Assateague Island National Seashore in Virginia, Clinton outlined a
new executive order that seeks to protect a bigger portion of the coastal shelf from fishing,
drilling, and other
activities.
That these
new, promising mobile devices often house apps offering more of the same
drill - and - kill
activities we desire to minimize is a limitation.
· reduced
new construction work due to significantly less
drilling activity in 2009 and the first half of 2010; and
Given the history of coal mining in the area, each location needs to be treated with care so as not to convolve gas fluxes that come directly from past or present mining
activities with those that are following
new drill holes as the release pathway.
The Surfrider Foundation is using this year's Hands Across The Sand event to raise awareness on «Three Essential Truths» about
new offshore
drilling: it will not reduce the price at the pump; it will not eliminate America's reliance on foreign oil; and it is an inherently risky
activity that causes significant impacts to the environment through every stage of the
drilling process.
The Surfrider Foundation immediately responded to the threat by issuing an action alert, opposition resources, and taking the lead on organizing robust statewide coalitions across the coastal U.S. to help proponents of healthy ocean and coastal ecosystems rise up in unified, widespread, bipartisan, cross-sectoral opposition to any
new offshore
drilling or seismic
activity.
They will let users cycle through options for the appearance of the watch face, toggle between different applications on the watch,
drill down into applications (to display a fitness graph, for example), and launch a
new activity.
An expansion of
new oil and gas
drilling technology known as «fracking» is prompting more industrial
activity inside middle and upper - middle - class residential neighborhoods, Reuters reports.